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  #1  
Old 07-03-2008, 11:24 AM
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2005 CPO pricing right?

Hi Guys

This is my first post here .....please let me know if this is a good price for the car.

X5 – 2005 – CPO
48,500 miles

Black/Black Leather with dark wood trim
Premium package
cold weather package and rear climate package
Xenon lights
driver memory
Heated steering wheel
Front grill mesh (black)
Fog lights
new tires

Price: 29,750 + tax

The car is in mint condition – both exterior and interior

Thanks,
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  #2  
Old 07-03-2008, 11:38 AM
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Thats how much I paid for my 2005 3.0 CPO and it only had 34,000 miles.
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  #3  
Old 07-03-2008, 12:49 PM
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Quote:
Originally Posted by ak_h2002
Hi Guys

This is my first post here .....please let me know if this is a good price for the car.

X5 – 2005 – CPO
48,500 miles

Black/Black Leather with dark wood trim
Premium package
cold weather package and rear climate package
Xenon lights
driver memory
Heated steering wheel
Front grill mesh (black)
Fog lights
new tires

Price: 29,750 + tax

The car is in mint condition – both exterior and interior

Thanks,
I think the miles are little bit high. I got a 2006 CPO with premuim and sports package with 25K miles for $29,950+tax
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  #4  
Old 07-03-2008, 01:29 PM
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I knew the miles were high but i guess i got a bit weak while negotiating.... they quoted 32k and came down to 29,750 after an hours negotiating.. The sales manager said thats their bottom price and was not willing to go down any futher.
KBB cpo price was 32k so i thought i had a good deal... the car is in good condition. This is in NJ, i dont know if region makes a difference.
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  #5  
Old 07-03-2008, 01:32 PM
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Quote:
Originally Posted by ak_h2002
I knew the miles were high but i guess i got a bit weak while negotiating.... they quoted 32k and came down to 29,750 after an hours negotiating.. The sales manager said thats their bottom price and was not willing to go down any futher.
KBB cpo price was 32k so i thought i had a good deal... the car is in good condition. This is in NJ, i dont know if region makes a difference.
Thats where they got you..KBB's price is a price in an excellent market. Right now the market for suv's is down right shitty.. The market value of that car is no where close to 29k, much less 32k. Even in an excellent market, KBB price is still way over market value. Market Value is where you should base your bottom dollar, not KBB or NADA...Its a learning experience...next time you'll nail'em...
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  #6  
Old 07-03-2008, 01:32 PM
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What motor? Carfax? Miles seem a tad high, and the price is reflecting that.

This is a buyers market!!! If you want a better price, wait a week or 2. Then go back.

Good luck
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  #7  
Old 07-07-2008, 10:37 AM
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Agreed - got a 05 X5 manual with premium, pano, CW, CPO with 44K miles for low 20's
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  #8  
Old 07-07-2008, 05:23 PM
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I purchased an '04 X5 4.4i, sport w/ running bds, 19s, and a some extras, 18k miles, warranty ends this saturday on 7/12. for $28k. no cpo on mine.
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  #9  
Old 07-07-2008, 05:59 PM
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x5pdx,

Congrats..... Did you buy it from a private party or dealer?
18k miles are really low for a 04...
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  #10  
Old 07-07-2008, 06:02 PM
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Quote:
Originally Posted by anerbe
Agreed - got a 05 X5 manual with premium, pano, CW, CPO with 44K miles for low 20's
I think you got a great deal.....
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